TSX VENTURE EXCHANGE MAY 13-16
The TSX Venture Composite Index rose 35 points to 2,611.32 over the Victoria Day-shortened May 13-16 trading period, as stronger materials prices and speculation over a new coal source in Saskatchewan…
Canada
BHP takes out JV potash partner
VANCOUVER — BHP Billiton (BHP-N, BLT-L) is moving decisively into the potash business by acquiring its joint-venture partner Anglo Potash (AGP-V, AGPOF-O) in an all-cash deal worth $284 million.
Golden Goose raises Lac Levac resource (May 26, 2008)
Golden Goose Resources (GGRV, GGOSF-O) has released an updated resource for its Lac Levac copper-nickel-cobalt-platinum group elements project near Nemiscau, in the James Bay area of northern Quebec.
The real goldmine for Goldsource: coal
VANCOUVER– Goldsource Mines (GXS-V, GXSFF-O) has started a Saskatchewan coal craze.
Editor’s Picks: Top Stories of Week 20
The week ended May 17, the twentieth trading week of 2008, was punctuated by a massive earthquake in China’s Sichuan province that killed at least 40,000 people, left millions homeless and damaged muc…
BC mining industry stays healthy in 2007
VANCOUVER–British Columbia’s mining industry produced strong financial results in 2007, driven as elsewhere by base metal prices and global demand, though net earnings were down compared with the rec…
Reed Lake still holds promise for VMS Ventures
VANCOUVER — Though the initial excitement over VMS Ventures’ (VMS-V, VMSTF-O) Reed Lake discovery in Manitoba has died down, the project continues to produce significant results.
Titan partners with Japanese group for uranium exploration
Titan Uranium (TUE-V) will receive $9 million in exploration funding over the next three years from Japan Oil, Ga…
Great Western Minerals may develop phosphate as byproduct at Hoidas Lake
Hoping to cash in on spiking fertilizer prices, Great Western Minerals Group (GWM-V) is evaluating whether to devel…
EnCana narrows focus
For EnCana (ECA-T, ECA-N) being big had its disadvantages. The largest natural gas producer in North America anno…
Platinex, Natives, blame province for land disputes
Platinex (PTX-V) is suing the Government of Ontario for more than $70 million, claiming the government didn’t fulfi…
Oil sands projects face difficult, hyper-inflationary environment
Developing Canada’s oil sands is far more complex and expensive than conventional oil and gas production. Multi-bil…